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News Releases
PROSPER CANADA LAUNCHES FINANCIAL SELF-HELP PORTAL FOR VULNERABLE CANADIANS
15 September 2021
Trove will offer free tools and resources on money management, tax filing and debt reduction TORONTO, September 15, 2021 – Today, national charity Prosper Canada announced the launch of Trove, a bilingual online portal providing free financial tools, worksheets, and educational resources to help financially vulnerable Canadians take control of their finances. &...
Common Good Plan Aims To Help Economically Vulnerable NFP Workers
13 May 2021
TORONTO, May 13, 2021 – The Common Good Plan has launched a new retirement plan to strengthen the financial health of workers in Canada’s not-for-profit sector – a group hard hit by the COVID-19 pandemic. The Common Good Plan is a consortium of prominent not-for-profit leaders, philanthropic foundations, and retirement security specialists dedicated to...
Financial help services for vulnerable Manitobans at risk as funding for successful pilot expires
23 March 2021
Pilot project secured $138.5 million in new income for low-income Manitobans over 4 years WINNIPEG/TREATY ONE TERRITORY, March 23, 2021 / CNW/ – Urgently needed free financial help services for vulnerable Manitobans could not be ending at a worse time, as more low-income people than ever are seeking help to file their taxes and deal with CERB repaymen...
IG Wealth Management Launches IG Empower Your Tomorrow Indigenous Commitment: A $5 Million Program to Support Indigenous Communities
10 December 2020
Five-year program includes new financial literacy partnership with Prosper Canada WINNIPEG, MB and TORONTO, Dec. 10, 2020 /CNW/ - Today, IG Wealth Management ("IG") announced the launch of the IG Empower Your Tomorrow Indigenous Commitment, which dedicates $5 million over the next five years to support programs and initiatives to further the financial co...
Canadians with incomes under $40K bearing the financial brunt of COVID-19
19 November 2020
TORONTO, Nov. 19, 2020 /CNW/ - A new Leger survey commissioned by national charity Prosper Canada shows that significantly more Canadians earning under $40,000, versus Canadians earning $40,000 or more, report that almost all aspects of their finances have worsened since the onset of the COVID-19 pandemic. Canadians were asked in the survey to indicate whet...
Low-income households spend 31 per cent of their incomes on debt repayment
10 November 2020
New report shines a light on consumer debt – a potential roadblock to Canada's recovery TORONTO, Nov. 10, 2020 /CNW/ - Almost half of low-income households and 62 per cent of moderate-income households carry debt, with households on low incomes spending 31 per cent of their income on debt repayments, according to a new report published by national cha...
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